Société Générale Société anonyme (OTCMKTS:SCGLY) Issues Earnings Results

Société Générale Société anonyme (OTCMKTS:SCGLY) issued its quarterly earnings data on Thursday. The financial services provider reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03, Zacks reports. Société Générale Société anonyme had a net margin of 12.96% and a return on equity of 3.72%.

Société Générale Société anonyme Stock Performance

Shares of Société Générale Société anonyme stock traded up $0.05 during trading on Thursday, hitting $6.53. 813,390 shares of the company’s stock were exchanged, compared to its average volume of 506,253. The stock has a market capitalization of $26.13 billion, a price-to-earnings ratio of 7.87, a PEG ratio of 0.11 and a beta of 1.33. The business has a 50-day simple moving average of $5.82 and a 200-day simple moving average of $5.35. Société Générale Société anonyme has a 52-week low of $4.30 and a 52-week high of $6.60. The company has a debt-to-equity ratio of 3.61, a quick ratio of 1.35 and a current ratio of 1.35.

Analyst Upgrades and Downgrades

SCGLY has been the topic of a number of analyst reports. Barclays raised shares of Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. The Goldman Sachs Group upgraded shares of Société Générale Société anonyme from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 11th. Finally, Citigroup upgraded shares of Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 1st. Four investment analysts have rated the stock with a hold rating and two have given a strong buy rating to the company. According to MarketBeat.com, Société Générale Société anonyme has a consensus rating of “Moderate Buy”.

Société Générale Société anonyme Company Profile

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance.